Shield Therapeutics (LON:STX) Reaches New 52-Week Low – Here’s Why

Shield Therapeutics plc (LON:STXGet Free Report) reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 3.70 and last traded at GBX 3.80, with a volume of 1146595 shares traded. The stock had previously closed at GBX 3.85.

Shield Therapeutics Trading Down 1.3%

The stock has a 50 day moving average of GBX 5.88 and a 200 day moving average of GBX 7.76. The company has a debt-to-equity ratio of -199.87, a current ratio of 0.90 and a quick ratio of 2.16. The firm has a market cap of £40.64 million, a P/E ratio of -1.90 and a beta of 1.76.

About Shield Therapeutics

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Shield is a commercial-stage specialty pharmaceutical company that delivers Accrufer®/Feraccru® (ferric maltol), an innovative and differentiated pharmaceutical product, to address a significant unmet need for patients suffering from iron deficiency, with or without anemia. The Company has launched Accrufer® in the U.S. with an exclusive, multi-year commercial agreement with Viatris Inc (Viatris). Outside of the U.S., the Company has licensed the rights to four specialty pharmaceutical companies.

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